Attempts by the subsidiary of China Machine New Energy Corporation to get skilled labor from the labor market in Guatemala, have been unsuccessful.
A public call for national technicians trained to install boilers and high pressure auxiliary equipment, install turbines and ancillary equipment for them, assembly of special pipes for power plants, welding pipes for power generation as well as being a service technician for boiler temperatures, only had 20 candidates, who did not qualify for the positions offered.
That is the reason for the decision by the Ministry of Labour and Social Welfare (MINTRAB) of Guatemala, to authorize the hiring of foreign technical expertise for the construction of the coal based power plant in Masagua, Escuintla, which is believed to be the largest plant in Central America, capable of generating 300 megawatts.
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AEI announced today that it closed long-term financing for the construction of a new 300 MW solid fuel-fired power plant located near Puerto Quetzal, Guatemala.
AEI announced today that its wholly-owned subsidiary, Jaguar Energy Guatemala LLC (Jaguar Energy), closed long-term financing for the construction of a new 300 MW solid fuel-fired power plant located near Puerto Quetzal, Guatemala.
Construction subcontractors from the coal plant which must provide 300MW to Guatemala's electrical system, have been laying off workers and slowing down work because of non-payment by the CMNC.
An article in Siglo21.com.gt reports that "At the worksite, at kilometer 80 on the Route to the Pacific, it is said that the structure has become paralyzed because some companies have decided to cut staff and this has stopped work because they are running out of funds. The problem is that the body responsible for delivering the turnkey project, the China Machine New Energy Corporation (CMNC), has not paid subcontracted firms, who are complaining about the problem. '
Lack of international funding has delayed the construction of the Jaguar Energy power plant in Guatemala, which will begin operations a year later than planned.
To date the company has disbursed an amount close to a million dollars to cover the fines established and about $640,000 for the guaranteed stipulated in the contract with the distributors Energuate.
The coal powered energy generation plant to be built in Escuintla, Guatemala, will begin operating a year later than expected.
The works are 70% complete in civil works, 80% in equipment, 90% in design and 25% in assembly, said José Sarmiento, general manager of Jaguar Energy.